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Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two jobs during March --Job P and Job Q. The following additional Information is available for the company as a whole and for Jobs P and (all data and questions relate to the month of March Estimated total machine hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication total 2,500 1,500 4,000 $15,000 $18,000 $33,000 $ 3.40 $ 4.20 Job P $33,000 $37.000 Hobo $18,000 $15.500 Direct materials Direct labor cost Actual machine-hour's used: Molding Fabrication Total 3.700 2,600 5300 2,600 2000 5,700 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 18, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine hours as the allocation base. For questions 9-15. assume that the company uses departmental predetermined overhead rates with machine hours as the allocation base in both departments 8. What was Sweeten Company's cost of goods sold for March? (Do not round Intermediate calculations.) Cost of Goods Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments Molding and Fabrication it started completed, and sold only two jobs during March-Job Pandjob Q. The following additional information is available for the company as a whole and for Jobs PandQ fall data and questions relate to the month of March Holdingabe cation Total Estimated total machine hours 3, 1,500 4,000 Estimate total fixed manufacturing overhead $15.000 $15,000 $35.000 Estimated variable sanufacturing overhead per machine-bour 53.400 4.20 Job $3,000 33700 Ston 315.00 Direct materials Direct Labor cost Actual machine hours wied Holding Fabrication Total ). 2.300 2900 T6300 Sweeten Company had no underapplied or overaoped manufacturing overhead costs during the month Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine hours as the allocation base. For questions 9-15. assume that the company uses departmental predetermined overhead rates with machine hours as the allocation base in both departments $32,000 $15.500 Direct labor cost Actual machine-hours used: Molding Fabrication Total 3.700 2.500 6,300 2,500 2,900 5200 Sweeten Company had no underapplied or overopplied manufacturing overhead costs during the month. Required: For questions 18, assume that Sweeten Company uses a plentwide predetermined overhead rate with machine hours as the allocation base. For questions 9.15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments 9. What were the company's predetermined overhead rates in the Molding Department and the Fabrication Department? (Round your answers to 2 decimal places.) Predetermined Overhead Rate Molding Department Fabrication Department Der MH por MH
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